Just some quick words

Ok, I will just update some latest IPO information.
Get ready your money to subscribe to the show-hand
IPO of the year till now. PACC Offshore Services
Holdings (simply POSH) will be listing at our market
very soon. The public application should start next week
and it is expected to be listed on the 25th this month.
Don't ask me what is the IPO price as I don't have
such info, but looking at its NAV of 74cts, it is not
going to be cheap. Nevertheless, it is still a die-die
must show-hand stock that we should all pump.
We have more than enough time to get ready the
$$$ needed to apply for this IPO when it is out.

Ok, my quick words is finished...

Short Market View for this week

I will just add a quick and short Market View
for this week as a few readers are asking for it.
Basically, from what from see from the general
market, there is still no clear sign of profits
taking yet. The Blues are still charging ahead
and selected penny stocks are still in the limelight.
It is these penny stocks that I am going to highlight
today. From the chart, I like Sinarmas very much
and I expect it to move further north in the days to come.
But take note that if the stock move below 58cts
with volume, then the surge may be over. I will
update here accordingly.

In February, I highlighted 2 stocks Pacific Radiance
and Linc Energy. They are 2 recent IPOs and I
stated that their price at that time was low and the
readers should seek to get them. During that time,
Pacific Radiance was trading at around the 95cts
region and this morning, it is trading at 1.10, not
too bad for a 16% for a 1.5 month job. If you read
the blog post in February, I am looking at a target
price of >1.20 and I am still holding this bullish
view intact.  

Next, if the readers are looking for an investing-grade
stock that I believe is still unbelievably low price, then
I recommend the readers to take a look at Fraser Centrepoint.
It is a recent IPO listed through introduction and
not through public offer. It is currently the 4th largest
property developer in Singapore, behind Far East,
Capland and City Developments (both listed). If you
missed out  getting Capland and City Dev at a low
price, then you can't miss Fraser again. In my humble
opinion, it is trading as a as-low-as-you-can-get price
and one should seek to gather the stock bit by bit or
just simple SAF (Sign-and-Forget), buy it and let its
surge amaze you in due time. I don't want to give any
target price for Fraser but fundamentally I don't think
1.80-2.00 is a tall order. I told the same target price to
a few readers on Skype and I am prepared to stick by it.

Since we are on the topic of property, I just wish to
inform the readers in case that you missed my previous
announcement. I am now a Real Estate Salesperson (RES)
aka simple Property Agent with Propnex. If you have any
property issues, or you are thinking of upgrading, or
buy/invest a residential/commercial/industrial property,
you can contact me, Nicholas, @ 97509878 for a friendly
discussion.

 

THE Announcement

Hello Everyone,
Just a short summary about the background of this
blog. I setup this blog way back in 2008 and I have
provided daily Market View about the general Singapore
market situation and also on specific and particular
stocks too. 7 years had passed and although I have
to say that Stock Market and stock trading had been
my First Love, I started to look for other money-making
opportunities along the way.

If you have been a readers of this blog for some time,
you will know that I am an avid readers of many subjects
& topics,and it is because of this good habit that I pick up
books on Property and Real Estate. Also it is during
this period that I also ventured into property buying
and selling too. I was delighted to know and realised
the true potential of this sector and I begin to find out
how I can join this sector. I went for the RES course and
sat for the exam, and after a 4 weeks waiting period,
I am glad to have passed the exam in one try.
After another few weeks of applying, I am thrilled to
announce that I am an Real Estate Salesperson (RES)
or just simply a Property Agent with Propnex now.

I got friends and relatives that pour me icy cold water
that the property market is like a ghost town and very
dead quiet now. I don't know whether the readers did
read my blog well. If you do, you will notice that the sub-heading
of this blog is "危机就是转机!! The Chinese use two brush
strokes to write the word "Crisis". One brush stroke stands
for Danger, the other for Opportunity. In a Crisis, be aware
of the Danger but recognise the Opportunity. - Former US
President Richard Nixon"

It is because of this "Crisis" that I am going into the market.
I like challenges and I enjoy taking the challenges head-on.
Right now, I am learning all I can about the property market
and I can only hope that my brain is like a very big sponge
to absorb all that is essential in this line. I believe that your
attitude in dealing with challenges will determine the altitude
that you can achieve in life. That is why I am stepping out
of my comfort zone and took the plunge into the unknown
aka the property market. Some readers may feel that I have
made the wrong decision but I believe I am right and I am
willing to stick to my choice.

Ok, some readers will ask, what about this blog and the
market view that I wrote so diligently for so many years?
I did write before that I am not going to do a daily Market
View for now on, but rest assured that I will still contribute
to this blog regularly. I would say it will be at least 2 post
per week. I will still talk about the general market condition
and on particular stocks as well. Oh ya, for those that are
in the Mentor Group, I will still be writing to you all too.
I started up in stock trading and although the frequency
had dropped significantly for me, I still can feel the vibes
and rhythm of Mr Market.

Frankly, although my time in the property market is still
rather short, but I observe that there are many similarities
between the stock market and property market some ways
or another. I will seek to share some of my observations.

Another reason why I join as a RES is to help the readers
in all the housing/property issues that you may have at some
point of your life. I seek to be a problem-solver in helping
the readers in their first property, second and even multiple
properties in the residential, commercial, industrial and
even the overseas market. Regardless of whether you are
thinking of upgrading, downgrading, taking big chunks of
profits off the current properties, or simply you just want
to talk to someone about making important property
decisions, you can look for me.

Allow me to formally introduce myself who is only known
to many as Stock Lobang or SL in the Skype chat.
My name is Nicholas and I am with the largest property
agency in Singapore, Propnex. You can call/sms/whatspp
me at my hp @ 97509878 for your property enquiries. 
I can't stop the readers from asking me about certain stocks
at my hp but I may not be able to provide timely advices
on the stock as I may not have the technical chart with me.
It will be better if the readers can whatsapp or telegram or
wechat me as I may not be available top pick up your call.

I have setup a property blog Singapore Property Lobang 
which I will update on the Good Buy, Best Buy, Must Buy
in the property market and also highlight the trend and news
on the property market. It is not 100% operational yet but
please look out for it soon. Also, with regard to the property
related question, you can also email me  at new address
propertylobang@yahoo.com

From what I gather and notice for the last few weeks after
I joined this sector, the consumers are rather lost and don't
know what to do in this challenging time. Should they buy,
Should they sell, or just rather, Should they just do nothing
and wait for the signs from the Almighty? Do you also have
the Deja Vu feeling about the stock market now?
Now do you believe me when I say that there are similarities
between the 2 markets? I believe that I am able to help the
readers with you properties issue the same case I helped
the readers with the stock market issues for the last many years.

In my own humble opinion, I believe that NOW is a good
time and opportunity to grab/buy/invest in  property.
Don't wait till the market make a U-Turn and when
you miss the boat, then as usual, I will be hearing lots
of "I Should Have" and in Chinese, "早知道"!
I will be sharing more property opportunities in the
property blog soon.... 


  


   


 

Important Announcement delayed by one day!

Hello to all the readers,
due to a last-minute commitment, I have to delay
the important announcement by a day to 1st April.
No... No... this is not a April's Fool Joke.
I am really going to have something to tell the readers
on Tuesday. It is going to benefit all readers in some
form or another. Stay tuned for it....

Important Announcement Next Monday 31 March 2014

Hello to all the faithful readers or just plain passer-by,
I started this blog way back in 2008 and time really
passed by very fast. In a flash, I have been writing
on the blog for about 7 years already. Along the way,
I have contributed my viewpoint and analysis about
the Singapore stock market and also pinpoint and
focus on the numerous stocks as well. I believe that
I have help and assist many readers in their stock
trades and investments. Many have told me about
the winning trades in Skype, emails and also left
comments on the blog.

Frankly, 7 years is not a short time and I am glad
that the blog has about 250 visits per day from the
readers and my blog is rank pretty high in Google.
For this, I thank you all the visitors and readers for
making it possible.

I am sure that the readers know about 七年之痒
and indeed after so long time in the stock market,
I am feeling a bit "sian". Some readers may know that
I am actually still quite young and after taking a
long break and thinking under the sun, the sea and
the sand, I have decided to step out of my comfort
zone and venture out to the unknown again!

I did the necessary preparations and fulfilled all the
requirements and I took the plunge! It is a decision
that I feel I need to take in order to surge to new
high and I can also help and take the readers along
with me too. I will be revealing it next Monday 31
March 2014 and I hope that the readers can benefited
from my decision.

To be continued..........on 31 March 2014

Late Late Market View 2014 and Mentor Group Update

I am really very very late this year for my
yearly view on how the market will behave
and react this year. Actually, I am sure that
the readers had read so many different diverse
views from as many "experts" in the press or
from various brokerages. Most painted a rather
doom and gloomy outlook of the market this
year. Frankly, their views together with what
I am going to write on are mean to be a reference
and you have to form your opinion and
analysis of the market this year.

At my side, I really can't see a bad year ahead.
Maybe I am a cup-full person but from the charts,
I can only say that there are bound to have normal
ups and downs, corrections and excitements along
the way. It is all just part of the normal market
happening every year. You can't expect the market
to go up in a 90 degree slope and I don't think
you will see a drastic 90 degree drop in the market
this year as well. This type of extreme case will only
happen to the micro and/or penny stocks.

By the way, the readers should have read about the
proposed plan to curb speculative trading from last
week newspaper. In my honest opinion, the measures
are just a plain waste of time and effort by SGX.
Frankly, many of us are plain gamblers and speculative
punter by nature, it is deeply engraved in our running
blood already. What is 5% collateral when you are
trading the stocks that can make you much much
more profits? Many will gladly put in some amount
so that they can continue their punts everyday.
Useless measure.

The proposal to reduce the contra period from T+3
to T+2 is another useless and bullshit way from SGX.
We are just following other market in implementing
this long-awaited plan. Do you think the contra activities
will drop because the settlement period is reduced by
one day. On the contrary, I believe that the activities
will increase as one can know the "result" of the punt
in a shorter period. To me, it won't affect me much.
I told many many readers that to me, when I enter
a stock, it must move within that day and even that
hour. If not, I am always ready to admit defeat and
take a small loss while aiming for the next target.
I definitely don't need 2 days to tell me that I am right
with my trade.

For the record, I dislike the circuit breaker measure
from SGX to limit the rise and fall of a stock at anytime.
To me, this measure is counter-market behaviour and
it limit the real happening of a stock. I know that this
measure is to protect the not-so market savvy investors
so that they will have time to react to drastic drops
like what happened to LAB last year. Ok, I don't wish
to discuss further but just to voice my disapproval of
this measure.

Now, we come back to my view on the 2014 market.
I am not sticking out my neck this time but I believe
that we won't see a major market crash this year.
Many analysts and reports pointed out that the
US market is heading for a major correction after
hitting repeated high after high. It is very easy to
see such occurrence on hind side when it eventually
happened. My view is that a gradual correction
is a great rest and relax for any market and I really
can't see a major drastic crash in the horizon.

For our local market, I am having a bullish view that
we will see the index heading higher this year.
With the momentum, we should see good play-up
this year with many stocks surging higher.
Some will ask me for some stocks that I belive
will be heading higher. You don't need to look too
far for such undervalue stocks, just look at the
recent IPOs. Frankly, I am quite surprised to see
stocks like Pacific Radiance and Linc Energy trading
at today's price. They are not even 10% above their
IPO listed price. My personal view is that Pacific
Radiance is a >$1.20, that mean another 25%
upside from current price. Linc Energy is a rather
peculiar stock but technically I am looking at a
>$1.30 range for the stock.

Some readers keep on asking me to recommend
some books to read on the market. I had suggested
a few titles in previous blog posts but I would want

the readers to look at "Monster Stocks: How They Set

Up, Run Up, Top and Make You Money" by John Boik.

In fact, while you are at it, try reading more books

from John Boik. I have very different and varied

views from the people reading his books on my

recommendations. I can only say that different readers

from different backgrounds will have different views.

Try reading them and then have your own opinion.

Lastly, we come to the Mentor Group update.

The application is over and I am really glad to receive

a wonderful responses from many readers. It really

warm my heart and brain to see the high-standard

answers from the applicants. If you never receive

a application-rejected email from me, then I can

only congrat that you have been accepted into the

group. Give me more time to sort out some issues

and I will be with you guys soon.

Some concerned readers asked me where I have

been lately and what happened to me as I am not

online at Skype and not replying to emails.

Let's just put it as I am taking a long break for the

time being....

 

 

Happy Chinese New Year!

I have been away from writing at this blog for
some time now and some readers had emailed
me and asked where have I been to?
Actually I am still looking at the market and 
know what exactly is happening to it right now.
I will be back after the Chinese New Year and
I will be delivering some great exciting news 
in due time.

But for now, I want to wish all a very Happy
and Prosperous Chinese New Year and
may the house year bring bountiful of happiness
and joy to all readers, and as usual Stay Healthy
to face any challenges along the way.
To me, frankly, the Health is the most crucial
in one's life so don't eat too much goodies
and have them in moderation.

Wishing all,
一马当先,马到功成
身体健康， 万事如意，
心想事成， 新年快乐!!